Entries by Staff

Comments on IBBI Discussion Paper on Streamlining the Liquidation Process

Team Resolution | resolution@vinodkothari.com The Insolvency and Bankruptcy Board of India (‘IBBI’/ ‘Board’) issued Discussion Paper on Corporate Liquidation Process, dated 14th June, 2022 [1](‘Discussion Paper’) which envisages -(a) Streamlining the constitution of SCC (b) Expanding power of SCC; (c) Relinquishment of security interest by the Secured Financial Creditors; (d) Reduction of timeline of compromise […]

Law of pledges in India

– Vrinda Bagaria | corplaw@vinodkothari.com This article seeks to broadly explain the principle of a pledge and deals primarily with use of ‘pledge’ as a mode of creation of security on shares of a company to secure liabilities of the company. PLEDGE – MEANING Definition A ‘pawn’ or a ‘pledge’ is a bailment of personal […]

Investments from neighbouring countries under stringent scan of GoI

– Prapti Kanakia | corplaw@vinodkothari.com Recently, the Ministry of Corporate Affairs (MCA) has implemented a series of amendments which relates to investments in India by foreign nationals or entities incorporated in a country which shares a land border with India. These amendments are in tandem with the amendment made by the Department for Promotion of […]

The emerging concept of embedded finance

In the future will every company be a FinTech company? Timothy Lopes, Manager | tim@vinodkothari.com Subhojit Shome, Executive | subhojit@vinodkothari.com finserv@vinodkothari.com Introduction Everyone has probably had some form of interaction with the concept of embedded finance while possibly not knowing what it is. This budding concept has its eyes set on massively changing the way […]